bebae242-b585-49b0-ae78-e2379be73510.pdf


ASX Announcement 28 October 2015


INFORMATION REQUIRED UNDER ASX LISTING RULE 3.10.5A


Caeneus Minerals Ltd

ACN 082 593 235


Australian Securities Exchange Code: CAD


Ordinary shares

797,430,234


Unlisted Options

19,500,000 (exercise price of $0.005; expiry date of 31 Dec 2016)

306,150,001 (exercise price of $0.03; expiry date of 27 Feb 2017)


Board of Directors

Mr Keith Bowker

Mr Antony (Tony) Sage Mr Michael Nottas


Further to the Appendix 3B lodged on 28 October 2015 for the issue of 100,000,000 fully paid ordinary shares to Poseidon Nickel Limited (ìPoseidon Sharesî) and 50,914,618 fully paid ordinary shares to Sophisticated Investors (ìPlacementî) (together referred to as ìthe Securitiesî), Caeneus Minerals Ltd (ìCaeneusî or ìthe Companyî) hereby provides the following information required under ASX Listing Rule 3.10.5A.


  1. The dilutive effect of the issue of the Securities on existing shareholders is a follows: Number of shares on issue prior to the issue of the Securities: 646,515,616

    Placement issue under Listing Rule 7.1 (86,263,056 shares)

    10.82%

    Placement issue under Listing Rule 7.1A (64,651,562 shares)

    8.11%

    Total dilution as a result of the issue of the Securities

    18.93%


    Number of shares on issue following the issue of the Securities: 797,430,234


    Further details of the approximate percentage of the issued capital following the issue of the Securities held by the pre-issue shareholders and new shareholders are as follows. Please note that this information relates specifically in relation to the portion of shares issued under Listing Rule 7.1A (64,651,562).


    Pre-issue shareholders who did not participate in the issue of the Securities

    91.89%

    Pre-issue shareholders who did participate in the issue of the Securities

    3.23%

    Participants in the issue of the Securities who were not previously shareholders

    4.88%


  2. The Company considered the Placement the most efficient and expedient method for raising the funds required to achieve its stated objectives given the funding certainty. The Company also considered that there were significant benefits in introducing sophisticated investors to promote a more diverse shareholder base.


  3. No underwriting agreements were in place for the Placement; and


  4. No other fees or costs were incurred in connection with the Placement. For and on behalf of the Board

Keith Bowker

Director/Company Secretary
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